A former Director, Regional Office for Africa, UN-Habitat, Professor Oyebanji Oyelaran-Oyeyinka, has urged the Federal Government to concentrate on industrial manufacturing and not agriculture to move faster towards economic growth and exit recession.
Lagos State Government on Monday announced the closure of the N85, 140,000,000 Series 2 Bond Issuance geared towards improving the physical and social infrastructure in the State.
National President, Union of Nigeria Baptist Convention, Dr. Baware George, has said the ongoing economic recession is a veritable avenue for the Buhari administration to prove its worth.
Lai Mohammed, minister of information, says the Buhari administration has succeeded in nursing Nigeria’s “very sick economy”.
Mr Taiwo Oyedele, a tax expert, says only tax incentives to industries without addressing other challenges will not bring about the desired economic growth in Nigeria.
Unemployment in Nigeria, sub-Saharan Africa’s largest economy, is running at more than 14 percent and climbing; in South Africa, the second largest economy, it is over 27 percent. For youth in both places, it is far more.
South African President Jacob Zuma’s survival in a parliamentary no-confidence vote will not impact the country’s downgrade-threatened credit rating, the S&P Global agency said on Wednesday.
Acting President Yemi Osinbajo has said that the N7 trillion federal budget for 2017 is not sufficient to facilitate the desired economic development in the country, hence the government was making the investment climate profitable and easy for private sector involvement.
UBS Wealth Management’s Chief Investment Office (CIO) has launched a new report on Africa’s sovereign credit prospects, an important benchmark used to evaluate the risk of investing in a country.
Chief Angus Uzoamaka, an Abuja-based insurance broker, has urged the Federal Government to consider tax relief for industries operating in Nigeria in order to boost economic development.
A financial expert, Prof. Sheriffdeen Tella, has urged the Federal Government to fast-track the growth of the manufacturing sector through the provision of infrastructure and the provision of credit.
As part of its diversification agenda, the Federal Government has set plans in motion to boost the nation’s cocoa production capacity to about 500,000 metric tonnes by 2021.
Kemi Adeosun, Minister of Finance, says the Federal Government has signed a policy to tax first class and business class air tickets alongside other luxury goods.
The Minister of Budget and National Planning, Senator Udo Udoma, on Thursday said that the country is already moving out of economic recession.
There are indications that Nigeria’s biggest airline, Air Peace, may begin direct flights to India from Lagos.
Chelsea say one of their players was racially abused by Dynamo Kiev supporters during their Europa League game in Ukraine.
The Lagos State University (LASU) on Monday said there was no iota of truth in the rumour being circulated that it planned to increase its tuition soon.
A chieftain of the All Progressives Congress (APC), Yekini Nabena, has asked the opposition Peoples Democratic Party (PDP) to forget the dream of taking over the governorship seat of Bauchi state, saying the Independent National Electoral Commission (INEC) has question to answer.
Barely 24 hours to the resumption of collation of gubernatorial election results from Tafawa-Balewa LGA earlier declared inconclusive, a group, Concern Citizens of Tafawa-Balewa, has opposed INEC’s plan to announce the election results from the area.
British Prime Minister Theresa May has issued a stark warning to lawmakers that if they do not back her Brexit deal, there is the possibility the country “will not leave the EU for many months, if ever”.
The National Association of Nigerian Students (NANS) on Tuesday expressed the confidence that the Governor – elect in Ogun state, Prince Adedapo Abiodun, would deliver on his campaign promises.
Human rights activist, Deji Adeyanju, has pulled out of the ‘Our Mumu Don Do’ coalition, alleging that his partner, Charles Oputa, aka Charly Boy, betrayed him and their cause while he was locked up for over two months in prison.
Matthew Kukah, Catholic bishop of Sokoto diocese, says no sane Nigerian is happy with the killings across the country.
The All Progressives Congress (APC) and the Peoples Democratic Party (PDP) have each won 11 seats of the 23 constituency results that have so far been released.